Motorola Solutions, Inc. $MSI Shares Sold by Great Lakes Advisors LLC

Key Points

• Great Lakes Advisors LLC reduced its holdings in Motorola Solutions, Inc. by 13.3%, owning 213,146 shares after selling 32,604 shares during the first quarter.
• The company reported a strong second quarter with $3.57 earnings per share, surpassing analyst expectations and a year-over-year revenue increase of 5.2%.
• Motorola Solutions declared a quarterly dividend of $0.0109 per share, with an ex-dividend date set for September 15th.

Great Lakes Advisors LLC lessened its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 13.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 213,146 shares of the communications equipment provider's stock after selling 32,604 shares during the quarter. Great Lakes Advisors LLC owned about 0.13% of Motorola Solutions worth $93,346,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in Motorola Solutions by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 21,501,114 shares of the communications equipment provider's stock worth $9,413,403,000 after acquiring an additional 321,280 shares during the period. Raymond James Financial Inc. boosted its holdings in Motorola Solutions by 2.0% in the 1st quarter. Raymond James Financial Inc. now owns 3,374,532 shares of the communications equipment provider's stock worth $1,477,404,000 after acquiring an additional 66,766 shares during the period. Alliancebernstein L.P. boosted its holdings in Motorola Solutions by 1.6% in the 1st quarter. Alliancebernstein L.P. now owns 2,921,004 shares of the communications equipment provider's stock worth $1,278,845,000 after acquiring an additional 47,368 shares during the period. Invesco Ltd. boosted its holdings in Motorola Solutions by 2.6% in the 1st quarter. Invesco Ltd. now owns 2,043,914 shares of the communications equipment provider's stock worth $894,846,000 after acquiring an additional 50,891 shares during the period. Finally, Northern Trust Corp boosted its holdings in Motorola Solutions by 5.4% in the 1st quarter. Northern Trust Corp now owns 1,969,450 shares of the communications equipment provider's stock worth $862,245,000 after acquiring an additional 100,891 shares during the period. Hedge funds and other institutional investors own 84.17% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on MSI shares. UBS Group increased their target price on Motorola Solutions from $490.00 to $510.00 and gave the company a "buy" rating in a research note on Friday, August 8th. William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Evercore ISI increased their target price on Motorola Solutions from $500.00 to $525.00 and gave the company an "outperform" rating in a research note on Friday, August 29th. Barclays reduced their target price on Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating for the company in a research note on Friday, August 8th. Finally, Wall Street Zen cut Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $516.13.

Motorola Solutions Stock Performance

Shares of MSI stock traded down $8.39 on Friday, hitting $481.91. 793,131 shares of the stock traded hands, compared to its average volume of 881,179. The company has a debt-to-equity ratio of 3.86, a current ratio of 1.73 and a quick ratio of 1.54. The company has a market capitalization of $80.29 billion, a PE ratio of 38.80, a PEG ratio of 3.92 and a beta of 0.96. Motorola Solutions, Inc. has a 1-year low of $388.90 and a 1-year high of $507.82. The company's fifty day moving average is $448.80 and its 200 day moving average is $429.79.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.36 by $0.21. The business had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.74 billion. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.The business's revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the company posted $3.24 EPS. Motorola Solutions has set its Q3 2025 guidance at 3.820-3.870 EPS. FY 2025 guidance at 14.880-14.980 EPS. On average, equities research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Monday, September 15th will be given a $0.0109 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.04 annualized dividend and a yield of 0.0%. Motorola Solutions's dividend payout ratio (DPR) is currently 35.10%.

Insider Buying and Selling

In other Motorola Solutions news, CEO Gregory Q. Brown sold 25,000 shares of the stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $481.86, for a total value of $12,046,500.00. Following the sale, the chief executive officer directly owned 46,936 shares of the company's stock, valued at $22,616,580.96. This trade represents a 34.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP James A. Niewiara sold 1,700 shares of the stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $485.43, for a total value of $825,231.00. Following the completion of the sale, the senior vice president directly owned 14,542 shares in the company, valued at $7,059,123.06. This represents a 10.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 198,493 shares of company stock valued at $92,673,278 over the last three months. Corporate insiders own 1.44% of the company's stock.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.